+44 020 7767 3070 info@lorega.com

Case Study: Lorega Loss Adjusters brought in to negotiate with insurers after a major fire at a UK university, causing material damage & business interruption.

A major fire at a UK University caused extensive damage to a world leading optoelectronics research facility, including laboratories and a hi-tech clean room.

The overall value of the claim was in excess of £120M and Lorega were appointed by the university to represent them in negotiation with their insurer.

Although the decision was taken to replace the destroyed buildings with more extensive and updated facilities, the Lorega Expert was able to establish the value of the pre-existing buildings, including an extensive list of the lost inventory and equipment.

The claim also included both the increased cost of working for two temporary clean room facilities and the loss of grant income.

Although the insurer sought to reduce the value of the claim, the Lorega Expert was able to secure an additional £15M of settlement over and above the original proposal by the insurer.

The funds received enabled the University to rebuild its facilities and maintain its position as one of the leading centres for optoelectronics in the world.

“This was a catastrophic fire with widespread damage to our state of the art research facility and clean room. The hardest part was to establish a detailed basis for our claim and the Lorega Expert was a fantastic support, when we needed it most.”

Insurance Officer, UK University

Find more examples of how we’ve helped a variety of businesses after fire damage by visiting our loss recovery insurance case studies and after the event insurance case studies.

If you want to get in touch regarding any of our products, speak to your broker or contact us here to see how we can help you.

Customer feedback

“From the start, Lorega offered me total reassurance"

"Thank you, you were a great help and made sure I claimed for everything I was entitled to. Could not have done it without you”

“Your support and input was excellent”